NYSE Equities Price Changes

“Recent pricing incentives for Designated Market Makers and Supplemental Liquidity Providers have contributed to significant increases in posted liquidity and NYSE market share gains,” said Joe Mecane, Executive Vice President and Chief Administrative Officer, U.S. Markets. "We are further extending this incentive program by offering a compelling rebate to all NYSE customers, while continuing to maintain the lowest take rate for accessing liquidity.”
Effective March 1, 2009, the new NYSE fee schedule for customers and floor brokers will include the following changes and benefits:
Customer rebate per share for adding liquidity of $0.0010 (previously no rebate) in displayed and non-displayed orders. Floor broker rebate per share for adding liquidity of $0.0012 (previously $0.0004) in displayed and non-displayed orders. Benefits of posting orders on the NYSE include: 1) Highly competitive rebate for liquidity providing in non-displayed orders; 2) Access to superior take liquidity offering higher certainty of execution; 3) Participation in block sweeps from the New York Block Exchange (NYBX).
Transaction fee per share for removing liquidity of $0.0018 (previously $0.0008) for customers and floor brokers. The NYSE continues to offer the best take fee for accessing liquidity, which is 28%-40% lower than other major market centers;
Transaction fee per share for market-on-close (MOC) and limit-on-close (LOC) orders of $0.0005 (previously $0.0004) for customers and floor brokers. Participants will continue to benefit from the $120 fee cap on all transactions.
Transaction fee per share for odd lot transactions (including odd lot portions of partial round lots) of $0.0010 (previously $0.0004). The NYSE continues to offer the lowest take fee for removing odd lots, which is 60%-67% lower than other major market centers.